IWS vs. ILCG ETF Comparison

Comparison of iShares Russell Mid-cap Value ETF (IWS) to iShares Morningstar Growth ETF (ILCG)

IWS

iShares Russell Mid-cap Value ETF

IWS Description

The investment seeks to track the investment results of an index composed of mid-capitalization U.S. equities that exhibit value characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Midcap Value Index (the "underlying index"), which measures the performance of the mid-capitalization value sector of the U.S. equity market.

Grade (RS Rating)

Last Trade

$138.63

Average Daily Volume

282,879

Number of Holdings ^*

707

* may have additional holdings in another (foreign) market

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$89.27

Average Daily Volume

68,984

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	IWS	ILCG
30 Days	5.17%	4.86%
60 Days	5.63%	6.65%
90 Days	7.53%	8.35%
12 Months	31.74%	37.30%

214 Overlapping Holdings

Symbol	Grade	Weight in IWS	Weight in ILCG	Overlap
A	D	0.41%	0.14%	0.14%
ACGL	D	0.4%	0.04%	0.04%
ACM	A	0.16%	0.04%	0.04%
AFG	A	0.11%	0.02%	0.02%
AJG	B	0.65%	0.08%	0.08%
AKAM	D	0.14%	0.02%	0.02%
ALAB	B	0.02%	0.01%	0.01%
ALB	C	0.13%	0.03%	0.03%
ALGN	D	0.08%	0.04%	0.04%
ALL	A	0.48%	0.08%	0.08%
ALLE	D	0.13%	0.03%	0.03%
ALNY	D	0.04%	0.11%	0.04%
AME	A	0.49%	0.17%	0.17%
AMH	D	0.14%	0.05%	0.05%
AMP	A	0.06%	0.14%	0.06%
ANSS	B	0.32%	0.11%	0.11%
AOS	F	0.1%	0.02%	0.02%
APTV	D	0.16%	0.02%	0.02%
ARE	D	0.2%	0.02%	0.02%
AVB	B	0.36%	0.06%	0.06%
AVTR	F	0.15%	0.03%	0.03%
AVY	D	0.11%	0.03%	0.03%
AWK	D	0.29%	0.05%	0.05%
AZPN	A	0.07%	0.03%	0.03%
BALL	D	0.21%	0.04%	0.04%
BJ	A	0.13%	0.02%	0.02%
BKR	B	0.47%	0.08%	0.08%
BLD	D	0.11%	0.03%	0.03%
BLDR	D	0.21%	0.04%	0.04%
BMRN	D	0.13%	0.04%	0.04%
BR	A	0.03%	0.1%	0.03%
BRKR	D	0.02%	0.02%	0.02%
BRO	B	0.16%	0.1%	0.1%
CASY	A	0.13%	0.04%	0.04%
CBRE	B	0.44%	0.1%	0.1%
CCK	C	0.12%	0.02%	0.02%
CDW	F	0.13%	0.09%	0.09%
CE	F	0.07%	0.02%	0.02%
CHD	B	0.29%	0.11%	0.11%
CINF	A	0.26%	0.03%	0.03%
CLH	B	0.14%	0.05%	0.05%
CMI	A	0.54%	0.13%	0.13%
CMS	C	0.22%	0.03%	0.03%
CNM	D	0.03%	0.03%	0.03%
COIN	C	0.11%	0.25%	0.11%
COO	D	0.21%	0.05%	0.05%
COTY	F	0.03%	0.01%	0.01%
CPT	B	0.14%	0.02%	0.02%
CRL	C	0.11%	0.02%	0.02%
CSGP	D	0.32%	0.11%	0.11%
CSL	C	0.19%	0.08%	0.08%
CTRA	B	0.21%	0.03%	0.03%
CTVA	C	0.43%	0.07%	0.07%
DAL	C	0.45%	0.07%	0.07%
DAY	B	0.11%	0.04%	0.04%
DD	D	0.38%	0.06%	0.06%
DFS	B	0.48%	0.09%	0.09%
DKS	C	0.11%	0.02%	0.02%
DLR	B	0.64%	0.17%	0.17%
DLTR	F	0.14%	0.02%	0.02%
DOV	A	0.3%	0.07%	0.07%
DOW	F	0.34%	0.05%	0.05%
DPZ	C	0.11%	0.06%	0.06%
DRI	B	0.1%	0.04%	0.04%
EA	A	0.47%	0.11%	0.11%
EBAY	D	0.34%	0.04%	0.04%
EFX	F	0.27%	0.12%	0.12%
ELS	C	0.14%	0.03%	0.03%
EME	C	0.15%	0.09%	0.09%
EPAM	C	0.13%	0.03%	0.03%
EQR	B	0.31%	0.04%	0.04%
EQT	B	0.26%	0.06%	0.06%
ESS	B	0.21%	0.04%	0.04%
EXAS	D	0.06%	0.04%	0.04%
EXR	D	0.38%	0.05%	0.05%
FAST	B	0.08%	0.18%	0.08%
FCNCA	A	0.29%	0.11%	0.11%
FDS	B	0.13%	0.07%	0.07%
FFIV	B	0.15%	0.02%	0.02%
FICO	B	0.09%	0.22%	0.09%
FND	C	0.08%	0.04%	0.04%
FSLR	F	0.22%	0.07%	0.07%
FTV	C	0.29%	0.07%	0.07%
FWONA	B	0.01%	0.01%	0.01%
FWONK	B	0.12%	0.07%	0.07%
GEHC	F	0.37%	0.06%	0.06%
GEN	B	0.18%	0.03%	0.03%
GGG	B	0.16%	0.06%	0.06%
GPC	D	0.19%	0.03%	0.03%
GPN	B	0.33%	0.04%	0.04%
GRMN	B	0.36%	0.08%	0.08%
GWW	B	0.07%	0.2%	0.07%
HAL	C	0.29%	0.06%	0.06%
HES	B	0.16%	0.16%	0.16%
HII	D	0.08%	0.02%	0.02%
HLT	A	0.33%	0.24%	0.24%
HOOD	B	0.24%	0.07%	0.07%
HRL	D	0.09%	0.01%	0.01%
HSY	F	0.24%	0.05%	0.05%
HUBB	B	0.26%	0.09%	0.09%
HWM	A	0.47%	0.18%	0.18%
IBKR	A	0.21%	0.08%	0.08%
IEX	B	0.19%	0.07%	0.07%
ILMN	D	0.24%	0.08%	0.08%
INCY	C	0.13%	0.02%	0.02%
INVH	D	0.23%	0.08%	0.08%
IQV	D	0.34%	0.09%	0.09%
IR	B	0.45%	0.16%	0.16%
IRM	D	0.16%	0.07%	0.07%
J	F	0.19%	0.04%	0.04%
JBHT	C	0.16%	0.04%	0.04%
JBL	B	0.14%	0.03%	0.03%
JKHY	D	0.14%	0.05%	0.05%
KEYS	A	0.29%	0.05%	0.05%
KIM	A	0.18%	0.05%	0.05%
KMX	B	0.13%	0.02%	0.02%
LDOS	C	0.24%	0.03%	0.03%
LECO	B	0.09%	0.04%	0.04%
LNG	B	0.26%	0.06%	0.06%
LUV	C	0.21%	0.03%	0.03%
LW	C	0.08%	0.04%	0.04%
MAA	B	0.2%	0.03%	0.03%
MAS	D	0.19%	0.03%	0.03%
MCHP	D	0.37%	0.06%	0.06%
MGM	D	0.1%	0.02%	0.02%
MKC	D	0.21%	0.04%	0.04%
MKL	A	0.18%	0.05%	0.05%
MLM	B	0.37%	0.14%	0.14%
MOH	F	0.07%	0.04%	0.04%
MSCI	C	0.21%	0.18%	0.18%
MSTR	C	0.55%	0.18%	0.18%
MTD	D	0.27%	0.1%	0.1%
NDAQ	A	0.36%	0.05%	0.05%
NDSN	B	0.16%	0.05%	0.05%
NRG	B	0.12%	0.03%	0.03%
NTAP	C	0.15%	0.05%	0.05%
NTNX	A	0.13%	0.06%	0.06%
NVT	B	0.13%	0.05%	0.05%
O	D	0.54%	0.06%	0.06%
OKTA	C	0.07%	0.05%	0.05%
ON	D	0.31%	0.04%	0.04%
OTIS	C	0.44%	0.09%	0.09%
PAYC	B	0.05%	0.04%	0.04%
PAYX	C	0.32%	0.18%	0.18%
PCG	A	0.49%	0.07%	0.07%
PFGC	B	0.12%	0.05%	0.05%
PHM	D	0.29%	0.04%	0.04%
PNR	A	0.19%	0.05%	0.05%
PPG	F	0.32%	0.04%	0.04%
PSTG	D	0.02%	0.06%	0.02%
PTC	A	0.1%	0.09%	0.09%
PWR	A	0.36%	0.19%	0.19%
QRVO	F	0.07%	0.01%	0.01%
RCL	A	0.39%	0.15%	0.15%
REG	B	0.15%	0.02%	0.02%
RJF	A	0.33%	0.07%	0.07%
RMD	C	0.27%	0.14%	0.14%
ROK	B	0.33%	0.12%	0.12%
ROST	C	0.39%	0.18%	0.18%
RPM	A	0.15%	0.04%	0.04%
RRX	B	0.12%	0.02%	0.02%
RVTY	F	0.15%	0.02%	0.02%
SAIA	B	0.06%	0.05%	0.05%
SBAC	D	0.26%	0.09%	0.09%
SCI	B	0.13%	0.03%	0.03%
SNA	A	0.2%	0.02%	0.02%
SQ	B	0.3%	0.2%	0.2%
STE	F	0.24%	0.08%	0.08%
SUI	D	0.17%	0.06%	0.06%
SWK	D	0.14%	0.02%	0.02%
SYY	B	0.16%	0.14%	0.14%
TDY	B	0.24%	0.05%	0.05%
TECH	D	0.12%	0.04%	0.04%
TER	D	0.02%	0.03%	0.02%
TFX	F	0.1%	0.01%	0.01%
TOL	B	0.17%	0.02%	0.02%
TRMB	B	0.19%	0.04%	0.04%
TRU	D	0.19%	0.07%	0.07%
TSN	B	0.2%	0.03%	0.03%
TTEK	F	0.1%	0.04%	0.04%
TTWO	A	0.34%	0.12%	0.12%
TW	A	0.1%	0.06%	0.06%
TWLO	A	0.15%	0.06%	0.06%
TXT	D	0.17%	0.03%	0.03%
TYL	B	0.04%	0.1%	0.04%
U	C	0.03%	0.02%	0.02%
UDR	B	0.16%	0.03%	0.03%
UHAL	D	0.04%	0.01%	0.01%
UHAL	D	0.0%	0.0%	0.0%
UHAL	D	0.04%	0.0%	0.0%
UHAL	D	0.0%	0.01%	0.0%
UHS	D	0.13%	0.02%	0.02%
ULTA	F	0.03%	0.03%	0.03%
URI	B	0.46%	0.1%	0.1%
USFD	A	0.16%	0.03%	0.03%
VLTO	D	0.15%	0.06%	0.06%
VMC	B	0.3%	0.14%	0.14%
VRSN	F	0.16%	0.06%	0.06%
VTR	C	0.28%	0.03%	0.03%
WAB	B	0.38%	0.13%	0.13%
WAT	B	0.09%	0.05%	0.05%
WLK	D	0.05%	0.01%	0.01%
WMS	D	0.06%	0.04%	0.04%
WRB	A	0.2%	0.04%	0.04%
WSM	B	0.07%	0.04%	0.04%
WSO	A	0.2%	0.07%	0.07%
WST	C	0.1%	0.09%	0.09%
WTRG	B	0.11%	0.01%	0.01%
WTW	B	0.35%	0.06%	0.06%
WYNN	D	0.09%	0.03%	0.03%
XYL	D	0.32%	0.11%	0.11%
YUM	B	0.26%	0.14%	0.14%
ZBH	C	0.25%	0.04%	0.04%
ZBRA	B	0.17%	0.06%	0.06%

IWS Overweight 495 Positions Relative to ILCG

Symbol	Grade	Weight
WMB	A	0.76%
OKE	A	0.7%
AFL	B	0.68%
BK	A	0.64%
KMI	A	0.58%
FIS	C	0.54%
DHI	D	0.53%
LHX	C	0.51%
CCI	D	0.5%
KVUE	A	0.5%
PRU	A	0.5%
PEG	A	0.49%
SPG	B	0.48%
LEN	D	0.44%
XEL	A	0.43%
EXC	C	0.43%
FERG	B	0.42%
CTSH	B	0.42%
KR	B	0.42%
CHTR	C	0.4%
NUE	C	0.39%
GIS	D	0.39%
GLW	B	0.39%
MTB	A	0.39%
HIG	B	0.38%
HUM	C	0.37%
FANG	D	0.37%
ED	D	0.37%
VICI	C	0.36%
ETR	B	0.35%
EIX	B	0.35%
FITB	A	0.35%
WEC	A	0.34%
UAL	A	0.33%
CNC	D	0.33%
STT	A	0.32%
HPQ	B	0.3%
HPE	B	0.3%
TROW	B	0.29%
SW	A	0.29%
ADM	D	0.28%
HBAN	A	0.28%
SYF	B	0.28%
NVR	D	0.28%
CCL	B	0.27%
DVN	F	0.27%
RF	A	0.27%
AEE	A	0.27%
DTE	C	0.27%
PPL	B	0.27%
BIIB	F	0.26%
FE	C	0.26%
WBD	C	0.25%
WY	D	0.25%
ZM	B	0.24%
NTRS	A	0.24%
EXE	B	0.24%
LYB	F	0.24%
ATO	A	0.24%
ES	D	0.24%
IFF	D	0.24%
WDC	D	0.23%
STLD	B	0.23%
PKG	A	0.23%
CBOE	B	0.23%
K	A	0.23%
CFG	B	0.23%
LH	C	0.22%
PFG	D	0.22%
BBY	D	0.22%
IP	B	0.22%
OMC	C	0.21%
CNP	B	0.21%
RS	B	0.2%
KEY	B	0.2%
DGX	A	0.2%
HOLX	D	0.2%
CVNA	B	0.19%
CF	B	0.18%
FNF	B	0.18%
MRO	B	0.18%
BAX	D	0.18%
NI	A	0.18%
DG	F	0.18%
OC	A	0.18%
L	A	0.17%
VTRS	A	0.17%
RGA	A	0.17%
LNT	A	0.17%
SSNC	B	0.17%
UTHR	C	0.17%
EXPD	D	0.16%
EVRG	A	0.16%
EWBC	A	0.16%
DOC	D	0.16%
THC	D	0.16%
AMCR	D	0.16%
RNR	C	0.15%
EG	C	0.15%
SWKS	F	0.15%
UNM	A	0.15%
CW	B	0.15%
BXP	D	0.14%
ITT	A	0.14%
COHR	B	0.14%
CAG	D	0.14%
BG	F	0.14%
CHRW	C	0.14%
GLPI	C	0.14%
AFRM	B	0.14%
TPR	B	0.14%
AIZ	A	0.13%
SF	B	0.13%
OVV	B	0.13%
Z	A	0.13%
CAH	B	0.13%
EMN	D	0.13%
SOFI	A	0.13%
JNPR	F	0.13%
HST	C	0.13%
FTI	A	0.13%
WPC	D	0.13%
FOXA	B	0.12%
CTLT	B	0.12%
EVR	B	0.12%
CUBE	D	0.12%
NWSA	B	0.12%
TAP	C	0.12%
ATR	B	0.12%
AA	B	0.12%
SJM	D	0.12%
CG	A	0.12%
FHN	A	0.12%
DOX	D	0.11%
CIEN	B	0.11%
GL	B	0.11%
MKTX	D	0.11%
WAL	B	0.11%
EHC	B	0.11%
ARMK	B	0.11%
DTM	B	0.11%
OHI	C	0.11%
AES	F	0.11%
NLY	C	0.11%
GME	C	0.11%
LKQ	D	0.11%
AYI	B	0.11%
RPRX	D	0.11%
LAD	A	0.11%
IPG	D	0.11%
ALSN	B	0.11%
WWD	B	0.11%
WBS	A	0.11%
PRI	A	0.11%
CACI	D	0.11%
PNW	B	0.11%
ZION	B	0.1%
GWRE	A	0.1%
ALLY	C	0.1%
BRX	A	0.1%
SNX	C	0.1%
KNX	B	0.1%
HLI	B	0.1%
AAL	B	0.1%
AR	B	0.1%
HSIC	B	0.1%
RBC	A	0.1%
WCC	B	0.1%
AXTA	A	0.1%
REXR	F	0.1%
GMED	A	0.1%
FBIN	D	0.1%
RGLD	C	0.1%
BWXT	B	0.1%
DCI	B	0.1%
CMA	A	0.1%
INGR	B	0.1%
JEF	A	0.1%
FRT	B	0.1%
ORI	A	0.1%
SOLV	C	0.1%
BRBR	A	0.1%
CNH	C	0.1%
PNFP	B	0.1%
FLS	B	0.09%
BWA	D	0.09%
G	B	0.09%
ACI	C	0.09%
MTCH	D	0.09%
CHRD	D	0.09%
RRC	B	0.09%
SEIC	B	0.09%
CZR	F	0.09%
SNV	B	0.09%
X	C	0.09%
APG	B	0.09%
APA	D	0.09%
TKO	B	0.09%
CFR	B	0.09%
CPB	D	0.09%
VOYA	B	0.09%
LAMR	D	0.09%
EGP	F	0.09%
RIVN	F	0.09%
RL	B	0.09%
GPK	C	0.09%
NYT	C	0.09%
TTC	D	0.09%
MOS	F	0.09%
CR	A	0.09%
MTZ	B	0.09%
JLL	D	0.09%
FYBR	D	0.09%
CBSH	A	0.09%
OGE	B	0.09%
WTFC	A	0.09%
RLI	B	0.08%
DAR	C	0.08%
ELAN	D	0.08%
FCN	D	0.08%
MTSI	B	0.08%
GXO	B	0.08%
R	B	0.08%
SSD	D	0.08%
FR	C	0.08%
ATI	D	0.08%
ESAB	B	0.08%
GNTX	C	0.08%
AGNC	D	0.08%
OSK	B	0.08%
VFC	C	0.08%
BBWI	D	0.08%
VNO	B	0.08%
KBR	F	0.08%
MIDD	C	0.08%
CART	C	0.08%
SKX	D	0.08%
COKE	C	0.08%
MHK	D	0.08%
LBRDK	C	0.08%
KEX	C	0.08%
RHI	B	0.08%
ROKU	D	0.08%
PB	A	0.08%
CHE	D	0.08%
ADC	B	0.08%
JAZZ	B	0.08%
PR	B	0.08%
BERY	B	0.08%
NNN	D	0.08%
LNC	B	0.07%
WHR	B	0.07%
VNT	B	0.07%
IDA	A	0.07%
RGEN	D	0.07%
S	B	0.07%
WBA	F	0.07%
STWD	C	0.07%
ARW	D	0.07%
BPOP	B	0.07%
BIO	D	0.07%
BEN	C	0.07%
COLD	D	0.07%
OMF	A	0.07%
MTDR	B	0.07%
SAIC	F	0.07%
MAT	D	0.07%
NOV	C	0.07%
SIRI	C	0.07%
MSA	D	0.07%
ESI	A	0.07%
KD	B	0.07%
PARA	C	0.07%
MTG	C	0.07%
IVZ	B	0.07%
CGNX	C	0.07%
LSTR	D	0.07%
BILL	A	0.07%
COLB	A	0.07%
FAF	A	0.07%
STAG	F	0.07%
MKSI	C	0.07%
HR	C	0.07%
WEX	D	0.07%
DINO	D	0.07%
HRB	D	0.07%
AXS	A	0.07%
VMI	B	0.07%
ALK	C	0.07%
WH	B	0.07%
FMC	D	0.07%
BYD	C	0.06%
UGI	A	0.06%
AL	B	0.06%
BFAM	D	0.06%
OZK	B	0.06%
POST	C	0.06%
SLM	A	0.06%
CCCS	B	0.06%
SN	D	0.06%
LEA	D	0.06%
CRUS	D	0.06%
BC	C	0.06%
GNRC	B	0.06%
LITE	B	0.06%
RITM	C	0.06%
THO	B	0.06%
NFG	A	0.06%
OLLI	D	0.06%
DOCS	C	0.06%
FOX	A	0.06%
PVH	C	0.06%
H	B	0.06%
ONTO	D	0.06%
JHG	A	0.06%
THG	A	0.06%
AMG	B	0.06%
LFUS	F	0.06%
AGCO	D	0.06%
FNB	A	0.06%
GTES	A	0.05%
TPG	A	0.05%
DLB	B	0.05%
AN	C	0.05%
M	D	0.05%
GAP	C	0.05%
KMPR	B	0.05%
EEFT	B	0.05%
SLGN	A	0.05%
RYN	D	0.05%
AWI	A	0.05%
PSN	D	0.05%
WSC	D	0.05%
DBX	B	0.05%
KRC	C	0.05%
CUZ	B	0.05%
AGO	B	0.05%
ST	F	0.05%
AVT	C	0.05%
ROIV	C	0.05%
CROX	D	0.05%
FRPT	B	0.05%
HXL	D	0.05%
OLN	D	0.05%
WTM	A	0.05%
TKR	D	0.05%
SON	D	0.05%
SMG	D	0.04%
HUN	F	0.04%
AM	A	0.04%
ZG	A	0.04%
EPR	D	0.04%
HIW	D	0.04%
MASI	A	0.04%
ACHC	F	0.04%
FHB	A	0.04%
IAC	D	0.04%
PII	D	0.04%
NVST	B	0.04%
CLF	F	0.04%
W	F	0.04%
NWS	B	0.04%
TNL	A	0.04%
NWL	B	0.04%
VNOM	A	0.04%
PRGO	B	0.04%
CIVI	D	0.04%
XRAY	F	0.04%
DNB	B	0.04%
MDU	D	0.04%
NEU	C	0.04%
MSGS	A	0.04%
DXC	B	0.04%
PLNT	A	0.04%
RH	B	0.04%
OLED	D	0.04%
MSM	C	0.04%
OGN	D	0.04%
ASH	D	0.04%
LINE	F	0.04%
SITE	D	0.04%
HOG	D	0.04%
FLO	D	0.04%
GFS	C	0.04%
HAYW	B	0.03%
JWN	C	0.03%
CWEN	C	0.03%
YETI	C	0.03%
PINC	B	0.03%
ALGM	D	0.03%
CPRI	F	0.03%
SPB	C	0.03%
EXP	A	0.03%
MP	B	0.03%
ENOV	C	0.03%
HHH	B	0.03%
MPW	F	0.03%
AGR	B	0.03%
CC	C	0.03%
BOKF	B	0.03%
WU	D	0.03%
CXT	B	0.03%
COLM	B	0.03%
SEE	C	0.03%
VIRT	B	0.03%
ECG	C	0.03%
AMED	F	0.03%
AMKR	D	0.03%
MAN	D	0.03%
NSA	D	0.03%
PAG	B	0.03%
PK	B	0.03%
IRDM	D	0.03%
SNRE	D	0.03%
LLYVK	A	0.03%
BROS	B	0.03%
NXST	C	0.03%
SPR	D	0.03%
AMTM	D	0.03%
BHF	B	0.03%
LOPE	B	0.03%
VAC	B	0.03%
PENN	C	0.03%
ZI	D	0.03%
TRIP	F	0.02%
SNDR	B	0.02%
REYN	D	0.02%
LEG	F	0.02%
FTRE	D	0.02%
WEN	D	0.02%
EXEL	B	0.02%
UA	C	0.02%
QS	F	0.02%
CLVT	F	0.02%
GO	C	0.02%
BIRK	D	0.02%
LEN	D	0.02%
VSTS	C	0.02%
CNXC	F	0.02%
CRI	D	0.02%
UAA	C	0.02%
RKT	F	0.02%
AZEK	A	0.02%
PPC	C	0.02%
LCID	F	0.02%
ETSY	D	0.02%
LBTYK	A	0.02%
INFA	D	0.02%
KSS	F	0.02%
IPGP	D	0.02%
QDEL	F	0.02%
LYFT	C	0.02%
LBTYA	B	0.02%
GLOB	B	0.02%
SHC	F	0.02%
AZTA	D	0.02%
LPX	B	0.02%
ADT	C	0.02%
AAP	C	0.02%
RCM	F	0.02%
SAM	C	0.02%
TXG	F	0.01%
PLTK	B	0.01%
CHH	A	0.01%
DJT	C	0.01%
CACC	D	0.01%
SEB	F	0.01%
PATH	C	0.01%
TFSL	A	0.01%
UI	A	0.01%
WOLF	F	0.01%
CWEN	C	0.01%
LSCC	D	0.01%
FIVE	F	0.01%
HCP	B	0.01%
MTN	C	0.01%
CAR	C	0.01%
CNA	B	0.01%
LBRDA	C	0.01%
HAS	D	0.01%
PYCR	C	0.01%
AS	B	0.01%
CERT	F	0.01%
DV	C	0.01%
LLYVA	A	0.01%
NCNO	B	0.01%
DDS	B	0.01%
LOAR	A	0.0%
PARAA	B	0.0%
UWMC	D	0.0%
SEG	B	0.0%
NFE	D	0.0%
GRAL	C	0.0%
LAZ	B	0.0%
IONS	F	0.0%

IWS Underweight 175 Positions Relative to ILCG

Symbol	Grade	Weight
NVDA	C	-13.45%
MSFT	F	-11.98%
AMZN	C	-7.48%
AAPL	C	-6.31%
TSLA	B	-3.71%
META	D	-2.69%
LLY	F	-2.38%
GOOGL	C	-2.07%
V	A	-2.01%
GOOG	C	-1.86%
MA	C	-1.64%
AVGO	D	-1.63%
NFLX	A	-1.44%
CRM	B	-1.16%
AMD	F	-0.87%
ADBE	C	-0.85%
NOW	A	-0.81%
COST	B	-0.74%
ISRG	A	-0.73%
INTU	C	-0.7%
UBER	D	-0.54%
PANW	C	-0.48%
PLTR	B	-0.48%
GE	D	-0.4%
ANET	C	-0.37%
MELI	D	-0.36%
EQIX	A	-0.34%
MRK	F	-0.34%
ORCL	B	-0.33%
SNPS	B	-0.32%
ETN	A	-0.32%
PGR	A	-0.31%
CMG	B	-0.31%
CRWD	B	-0.31%
CDNS	B	-0.31%
MRVL	B	-0.3%
CTAS	B	-0.29%
UNH	C	-0.28%
TDG	D	-0.27%
SPGI	C	-0.26%
APP	B	-0.26%
ADSK	A	-0.25%
BX	A	-0.24%
BSX	B	-0.24%
FTNT	C	-0.23%
DIS	B	-0.23%
ABNB	C	-0.22%
BKNG	A	-0.22%
TTD	B	-0.21%
DASH	A	-0.21%
WDAY	B	-0.21%
AMAT	F	-0.21%
AXP	A	-0.21%
SYK	C	-0.21%
VRT	B	-0.2%
VRTX	F	-0.2%
AZO	C	-0.2%
GEV	B	-0.19%
TT	A	-0.19%
CPRT	A	-0.19%
APH	A	-0.18%
AXON	A	-0.17%
MCD	D	-0.17%
ADP	B	-0.17%
CAT	B	-0.17%
VRSK	A	-0.16%
EW	C	-0.16%
MCO	B	-0.16%
SNOW	C	-0.16%
MNST	C	-0.15%
LIN	D	-0.15%
SBUX	A	-0.15%
TEAM	A	-0.15%
DDOG	A	-0.15%
PH	A	-0.15%
IT	C	-0.15%
ODFL	B	-0.15%
LRCX	F	-0.14%
ZTS	D	-0.14%
CARR	D	-0.14%
TJX	A	-0.14%
JCI	C	-0.13%
LULU	C	-0.13%
ECL	D	-0.13%
IDXX	F	-0.13%
HUBS	A	-0.13%
ACN	C	-0.12%
VEEV	C	-0.12%
VST	B	-0.12%
WELL	A	-0.12%
ARES	A	-0.12%
KLAC	D	-0.12%
MPWR	F	-0.11%
DECK	A	-0.11%
RBLX	C	-0.11%
PLD	D	-0.11%
TPL	A	-0.11%
NEM	D	-0.11%
KKR	A	-0.11%
MMC	B	-0.11%
TMO	F	-0.11%
NET	B	-0.11%
SHW	A	-0.11%
DXCM	D	-0.11%
FI	A	-0.1%
GDDY	A	-0.1%
PSA	D	-0.1%
TRV	B	-0.1%
ROP	B	-0.1%
MSI	B	-0.1%
COR	B	-0.09%
CL	D	-0.09%
WM	A	-0.09%
LPLA	A	-0.09%
TEL	B	-0.09%
MCK	B	-0.09%
TMUS	B	-0.09%
NTRA	B	-0.08%
LII	A	-0.08%
LYV	A	-0.08%
LVS	C	-0.08%
NKE	D	-0.08%
MDB	C	-0.08%
STZ	D	-0.08%
D	C	-0.08%
TSCO	D	-0.08%
AON	A	-0.08%
ORLY	B	-0.07%
FIX	A	-0.07%
BURL	A	-0.07%
ADI	D	-0.07%
PODD	C	-0.07%
TRGP	B	-0.07%
ZS	C	-0.07%
CPNG	D	-0.07%
APO	B	-0.07%
CPAY	A	-0.07%
ROL	B	-0.06%
EL	F	-0.06%
DELL	C	-0.06%
DOCU	A	-0.06%
KMB	D	-0.06%
HEI	B	-0.06%
MANH	D	-0.06%
ICE	C	-0.06%
NBIX	C	-0.05%
KDP	D	-0.05%
RSG	A	-0.05%
CLX	B	-0.05%
BAH	F	-0.05%
SMCI	F	-0.05%
DT	C	-0.05%
ENTG	D	-0.04%
SLB	C	-0.04%
SRPT	D	-0.04%
CHDN	B	-0.04%
WING	D	-0.04%
PINS	D	-0.04%
ERIE	D	-0.04%
MAR	B	-0.04%
XPO	B	-0.04%
DKNG	B	-0.04%
SNAP	C	-0.04%
EXPE	B	-0.04%
HEI	B	-0.04%
POOL	C	-0.03%
MEDP	D	-0.03%
ENPH	F	-0.03%
MORN	B	-0.03%
CELH	F	-0.02%
FLEX	A	-0.02%
MRNA	F	-0.02%
PCOR	B	-0.02%
BSY	D	-0.02%
DVA	B	-0.01%